Hard Working Investment Strategies

Each stage of life brings its own challenges. The same is true when it comes to money management and investing. The investment approach you need in your 20's is different from what you need in your 40's, which in turn is quite different from what you need in your 60's and beyond.

Your money needs to work hard regardless of your life stage. Review the information provided below to help identify where you are in your life's journey, take a look at some sample portfolios, and visit the educational links throughout this website to make sure your investment dollars are working at peak efficiency.

Illiquid Stage
As you begin your career, most of your assets will be illiquid, meaning they can't be readily turned into cash. Illiquid assets include your home and car, as well as the intellectual capital that will drive your career. You won't be able to save much but you do need to save.

Investing Stage
As you approach mid-life, your career progresses and you enter your peak earning years. This is when you need to focus on growing your asset base. Max out on your 401(k), 403(b) and IRA contributions and build a diversified portfolio that balances risk and reward.

Income Stage
These are the payoff years. You've worked hard accumulating assets, and you now need those assets to last for the rest of your life. Capital preservation, risk management and income generation should be the key elements of your investment approach.